Kart4U Bags Rs 5 Cr From Startup Stairs
Startup Stairs announced 15 startups as the winners of their 'Growth Acceleration Program with 4i' under the aegis of NSDC supported by Startup India
Kart4U raises Rs 5 crore from Startup Stairs, a seed-stage accelerator. Based out of Gurugram, Kart4U is a kart-to-home delivery service that gives a marketplace to street vendors to increase their sales and join the Digital India movement.
Startup Stairs announced 15 startups as the winners of their 'Growth Acceleration Program with 4i' under the aegis of NSDC supported by Startup India. The 15 winning startups were chosen out of 150 nominations from across the country. The highest seed funding of Rs 5 crore was awarded to Kart4u.
"In a digital world dominated by ecommerce giants and large grocery aggregators, India's street vendors were being left behind. We at Kart4U are on a mission to level the playing field for these unorganised street vendors, aka the rehdi community, by helping them upskill and avail micro-loans," said Bharti Sahu, Founder, Kart4U.